Morgan, MN 56266,124 Vernon AVE
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Morgan, MN 56266,124 Vernon AVE
Morgan, MN 56266,124 Vernon AVE
Morgan, MN 56266,124 Vernon AVE
Morgan, MN 56266,124 Vernon AVE

$180,000

Est. payment /mo

$190,000

5.3%
Est.Price: ?

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124 Vernon AVE Morgan, MN 56266

7,840 Sqft Lot

SOLD DATE : 03/20/2020

Key Details

Sold Price $180,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5271207

Sold Date 03/20/20

Year Built 1934

Annual Tax Amount $2,416

Tax Year 2018

Contingent None

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 7000

Property Description

Bar/Restaurant Opportunity: The City and Country Tavern building in Morgan, MN (population 860) is for sale. The property includes a Bar/Restaurant/Banquet Hall/Kitchen that are turn key. All the equipment necessary to operate the business is included in this sale. You could be open for business immediately! Banquet Hall has seating for up to 240 people, and patio seating is also available. Building, furniture, fixtures and equipment are included. Catering and bartending possibilities at historical Gilfillan’s Estate for weddings almost every weekend during season. Just 5 miles away is the Dacotah Ridge Golf Course, ranked in the top 10 Minnesota courses and designed by renowned architect Rees Jones. 10 miles down the road is Jackpot Junction Casino Hotel. On the second floor of the building, there is a recently remodeled two-bedroom apartment that produces $7800 per year in revenue. Sale also includes adjacent vacant lots (Parcel ID: 86-200-1000 and 86-200-0510)

Location

State MN

County Redwood

Zoning Residential-Single Family

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Heating Common

Present Use Restaurant, Bar/Tavern

Building

Foundation 7800

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Cedar Mountain

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Listed by Jonathan Kietzer • Landmark Realtors, LLC

Eli Johnson

Advisor | License ID: 40157548

+1(651) 357-2536

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